The current float is semi locked...many longs hold 200K to 500K shares with aves between 0.3 and 0.8...no selling of big positions at all unless pps reaches $1+. Warrant conversions by only the friendly non-toxic long term investors/lenders left at 0.25, 0.45, 0.75 are not of a concern and would bring lots of cash to the company. So getting in with big positions at current pps is a very smart move, and one would still nourish on the fact that the strong hands have a double ave as compared to you.
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